Artificial intelligence (AI) has been a hot trend in technology and predictions indicate that 2022 will be no different, with computer vision taking a well-deserved position at the forefront of some of the most exciting applications of late. According to forbes.com, algorithms that can understand images in both picture and video formats and are the key technology behind things like smart vehicles, are most likely to boost computer vision technology values to $48 billion by the end of 2022.
Forbes also reports that the following computer vision technology will play a large role in that surge:
- Data-centric computer vision, increasing the optimization of data quality to train algorithms, will help us begin to problem-solve with far less data.
- Edge computer vision can collect and store data immediately via sensors…like the cloud on steroids.
- Computer vision in the health and safety industry detects potential dangers and raises alarms on worksites, in illness diagnosis and the spread of illness, etc.
- Computer vision can already track facial expressions for signs of fatigue in certain commercial vehicles. Since research indicates it is reducing the number of traffic accidents due to drivers falling asleep at the wheel, this technology could soon make its way to personal vehicles as well.
- Computer vision in retail offers cameras armed with AI, propelling us toward cashier-less stores, which will register (no pun intended) when items are taken off the shelves, begin adding them to a customer’s grocery bill and replenish stock. The goal is that these AI cameras will also monitor shoppers to optimize their shopping experience, improve security and even help customers try on clothes virtually with superimposed images of clothes in the reflection of mirrors!